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March 4, 2021
The National Assembly Standing Committee on Finance and Revenue unanimously recommended that “The Corporate Restructuring Companies (Amendment) Bill, 2020,” maybe passed by the National Assembly. The 54th meeting of the National Assembly Standing Committee on Finance and Revenue was held under the chairmanship of MNA, Faiz Ullah. The Committee discussed “The Corporate Restructuring Companies (Amendment) Bill, 2020).” Deputy Governor State Bank of Pakistan (SBP), Jameel Ahmed, and Presid...
February 24, 2021
Circular Debt Expected to Increase Till June 2021 The Additional Secretary Power Division (M/o Energy) informed the Committee about the sector-wise circular debt. He presented the numbers of current circular debt up to December 2020 and expected increase till June 2021, which were Rs. 2,303 billion and Rs. 2,587 billion, respectively. The Committee expressed its grave concern about increasing circular debt and directed the Power Division to furnish a comprehensive draft for controlling the incr...
January 18, 2021
Parliamentary Committee Directs FBR to Formulate Strategy for Reaching Revenue Targets The National Assembly Standing Committee on Finance and Revenue was held today under the chairmanship of Member National Assembly (MNA), Faiz Ullah. Member, IR-Policy, Federal Board of Revenue (FBR) briefed the Committee regarding the position of Income Tax Refunds from July 1, 2020, to December 31, 2020, saying that the opening balance was Rs. 379 billion, which was Rs. 313 billion on December 31, 2020, as c...
January 9, 2021
National January 9, 2021 PESHAWAR: The Khyber Pakhtunkhwa police on Friday arrested Maulana Faizullah for his alleged involvement in the attack a few days ago on the Hindu temple in Karak district. Speaking to Geo News, Inspector General Police Khyber Pakhtunkhwa Sanaullah Abbasi said that Maulana Faizullah, "a key suspect" involved in the demolition of the temple, had been arrested. KPs top cop said the suspect had assisted in gathering the people who had demolished the temple, adding that as...
December 14, 2020
Mumbai: Police in Mumbai on Sunday arrested the chief executive of a right-wing television news broadcaster on suspicion of manipulating ratings figures, escalating a clash that has roiled India’s voluble but increasingly partisan media scene. Police said they had arrested Vikas Khanchandani, chief executive of ARG Outlier Media, at his home in Mumbai, India’s financial capital. ARG owns Republic TV, a news network that broadcasts in English and Hindi and that has jumped in the ratings with...